HRM 3430 Final: HRP final notes 3

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

Outsourcing = work that(cid:495)s done internally is moved externally (employees of the original org. are transferred to that provider) Outsourcing hr functions -temporary staffing, payroll, training, recruiting, benefits, admin. Outsourcing is a response to the demand from executives that hr reduce its costs. International experts help hr to harmonize packages for a global workforce & follow local laws. Compensation, recruit & select (ads, screen, interview), training (design, deliver programs), health & safety (employee assistance) The rationale for outsourcing -6 major reasons: financial savings. Economies of scale from specialized outsourcers are more efficient: strategic focus. Focus on specific core competencies (customer service, innovation) Move secondary functions (e. g. admin. benefits, to firms that do these well: access to advanced technology. Tech. is a main driver of outsourcing, helps to lower transaction time (time in handling a request: improved service levels. Outsource to those who are excellent performers (better quality) More flexibility in hiring and rewarding employees: access to specialized expertise.